20 U.S.C. § 129 — Financial policy; report to Congress

submitted 65 years ago by Pub. L. 87-262 to r/title-20-EDUCATION · 119 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress's policy is that Howard University Hospital should gradually become more self-supporting, as much as good medical teaching allows. To help with that, the President must send Congress a report studying the hospital's finances and recommending how fast to reduce federal funding. That report is due within two years after the new hospital facilities are finished.

Congress has declared it to be policy that, to the extent consistent with good medical teaching practice, the Howard University Hospital facilities should become progressively more self-supporting. To help carry out that policy, the President must submit to Congress a report — based on a study of how the hospital's operations are financed — that recommends the rate at which, consistent with that same policy, federal financial support for running the hospital should be reduced. This report must be submitted no later than the end of the second calendar year following the year in which construction of the new hospital facilities, authorized by section 126 of this title, is completed.

the actual law source: uscode.house.gov ↗public domain

It is declared to be the policy of the Congress that, to the extent consistent with good medical teaching practice, the Howard University Hospital facilities shall become progressively more self-supporting. In order to further this policy, the President shall submit to the Congress a report, based on a study of the financing of the operation of the hospital, containing his recommendations on the rate at which, consistent with the above policy, Federal financial participation in such cost of operation shall be reduced. Such report shall be submitted not later than the end of the second calendar year following the year in which the construction of the new hospital facilities, authorized by section 126 of this title, is completed.

Source credit: (Pub. L. 87–262, § 6, Sept. 21, 1961, 75 Stat. 544.)

history & why it existsrecord from the source credit

1961Enacted · Pub. L. 87-262 · 75 Stat. 544

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-262 on 1961-09-21.

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